Real Estate
KRERA Takes Action Against Bengaluru Real Estate Developer for Compound Wall and UDS Violations
The Karnataka Real Estate Regulatory Authority (KRERA) has issued a strong notice to Bengaluru-based developer DC Hi Rise LLP for failing to construct a compound wall and attempting to misuse the Undivided Share (UDS) of a project. The authority emphasized the critical importance of a compound wall in defining legal boundaries and ensuring project security.
Real Estate
JKRERA Issues Notices to 100 Developers for Non-Registration: Questions on JDA, SDA, and JKHB
The Jammu and Kashmir Real Estate Regulatory Authority (JKRERA) has issued notices to nearly 100 developers for marketing or operating real estate projects without mandatory registration under the Real Estate (Regulation and Development) Act. Government organizations like JDA, SDA, and JKHB are also under scrutiny for non-compliance.
Real Estate
JKRERA Issues Notices to 100 Developers for Non-Registration
The Jammu and Kashmir Real Estate Regulatory Authority (JKRERA) has taken a strong stance by issuing notices to nearly 100 developers for operating real estate projects without mandatory registration. This move is aimed at ensuring compliance with the Real Estate (Regulation and Development) Act.
real estate news
Bengaluru Homebuyer Secures KRERA Relief for Water Seepage Issues
A Bengaluru homebuyer has secured relief from the Karnataka Real Estate Regulatory Authority (KRERA) over persistent water seepage in his apartment. KRERA has directed developer Smart Value Homes Pvt Ltd to rectify the issue permanently.
Real Estate
JKRERA Imposes Rs 10 Lakh Penalty on Unregistered Real Estate Projects
The Jammu and Kashmir Real Estate Regulatory Authority (JKRERA) has imposed a Rs 10 lakh penalty on a promoter for failing to register a property under the Real Estate (Regulation and Development) Act, 2016. Chief Secretary Atal Dulloo chaired a review meeting to strengthen regulatory compliance and consumer protection.
Real Estate
Karnataka Real Estate Crisis: Over 2,600 Projects Delayed, Rs 6 Bn Refunds Owed
More than 2,600 real estate projects in Karnataka have missed their scheduled completion deadlines, leaving developers and homebuyers in a state of uncertainty and financial distress.